$-0.12 EPS Expected for Newalta Corporation (NAL)

October 16, 2017 - By Peter Erickson

Wall Street await Newalta Corporation (TSE:NAL) to release earnings on November, 8. Analysts forecast EPS of $-0.12, up exactly $0.11 or 47.83 % from 2014’s $-0.23 EPS. After posting $-0.18 EPS for the previous quarter, Newalta Corporation’s analysts now forecast -33.33 % EPS growth. The stock decreased 1.28% or $0.01 on October 13, reaching $0.77. About 78,855 shares traded. Newalta Corporation (TSE:NAL) has 0.00% since October 16, 2016 and is . It has underperformed by 16.70% the S&P500.

Newalta Corporation (TSE:NAL) Ratings Coverage

Among 6 analysts covering Newalta Corporation (TSE:NAL), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Newalta Corporation had 27 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $12 target in Tuesday, November 17 report. TD Securities maintained it with “Hold” rating and $2.50 target in Friday, November 11 report. TD Securities maintained the stock with “Buy” rating in Friday, August 7 report. The stock of Newalta Corporation (TSE:NAL) earned “Sector Outperform” rating by Scotia Capital on Tuesday, July 21. The rating was downgraded by National Bank Canada on Thursday, November 5 to “Sector Perform”. On Friday, February 24 the stock rating was maintained by Scotia Capital with “Outperform”. Stifel Nicolaus downgraded the stock to “Hold” rating in Tuesday, January 19 report. The firm has “Outperform” rating given on Friday, August 7 by Scotia Capital. The company was maintained on Friday, June 3 by National Bank Canada. The stock of Newalta Corporation (TSE:NAL) earned “Buy” rating by Stifel Nicolaus on Wednesday, August 19.

Newalta Corporation is a Canada-based well-known provider of engineered environmental solutions to the gas and oil industry. The company has market cap of $67.87 million. The Company’s divisions include Heavy Oil and Oilfield. It currently has negative earnings. The Company’s Heavy Oil segment processes oilfield-generated wastes, including treatment, water disposal, salt cavern disposal, landfilling, and the sale of recovered crude oil.

More important recent Newalta Corporation (TSE:NAL) news were published by: Marketwired.com which released: “Newalta Enters Into Agreement to Sell Industrial Division for $300 Million and …” on December 24, 2014, also Marketwired.com published article titled: “Newalta Further Structures Business to Withstand Lower Oil Price Environment …”, Marketwired.com published: “Newalta Closes $54 Million Bought Deal and Private Placement Equity Financing” on April 20, 2016. More interesting news about Newalta Corporation (TSE:NAL) was released by: Marketwired.com and their article: “Newalta Completes Sale of Industrial Division” with publication date: February 27, 2015.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com